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joining us now, criminal defense attorney. thank you both for being here. start with the case that just shocked me today. the judge, as we have already reported in the ice case brought by the ice union against the this administration saying that they're going to basically suggesting they could find in the favor of the union against the administration for its refusal to fall the law. >> i think he said u.s. going to find that way if he has jurisdiction. he sent it back and ask them to do some briefing on the subject as to whether or not he has jurisdiction because it is really an argument. >> i think he is going to have jurisdiction. what this would do it basically change the existing law. here are federal immigration laws commander going to that the homeland security pick and choose which people are going to be deported. we cannot do that. lou: by the way, the statistics showed 99 nap percent of those considered are being deferred. i mean, this is a giveaway program by any standard. >> and it is interesting. on page 24 that 38-page opinion what the judge do
joining us now, criminal defense attorney. thank you both for being here. start with the case that just shocked me today. the judge, as we have already reported in the ice case brought by the ice union against the this administration saying that they're going to basically suggesting they could find in the favor of the union against the administration for its refusal to fall the law. >> i think he said u.s. going to find that way if he has jurisdiction. he sent it back and ask them to do...
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protesters have been very passionate, bitterly defensive about what they call the sanctity of marriage, and it shows how effective organizers had been in appealing to people of very diverse backgrounds, many who do not usually take to the streets. >> the demographics of these protesters -- they look very young on the pictures. you would think they might be more open-minded on this topic? >> you think so, but an overwhelming majority are in favor of gay marriage. we have seen a lot of people take center stage against, though. they have been seen in a very tense standoffs with riot police. i think comedians and leaders made the protest look hip and modern, and really struck a chord among young conservatives, who are usually quiet. >> that is all we have time for. we have to take a short break. >> when we come back, striking a balance between national security and privacy protection. >> stay tuned. >> welcome back. in a week that saw terror attacks and foiled plots, the debate about privacy and security is back. germany's constitutional court has upheld the government's right to run an an
protesters have been very passionate, bitterly defensive about what they call the sanctity of marriage, and it shows how effective organizers had been in appealing to people of very diverse backgrounds, many who do not usually take to the streets. >> the demographics of these protesters -- they look very young on the pictures. you would think they might be more open-minded on this topic? >> you think so, but an overwhelming majority are in favor of gay marriage. we have seen a lot...
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to cut in the defense budget. but with regards to deficits, adding to the deficit and the debt, this current budget being proposed by the president 40 ually -- deficit of $7 billion and still a big number about half of what it was in the depths of the great recession. it gives us an opportunity to control the debt relative to the size of the economy and we have new economic growth numbers out a couple of days ago that showed 3% g.d.p. that is good news. but the economy is in recovery and still have a ways to go and never give up on trying to improve the economy and reduce the deficit. host: thank you for talking to our viewers this morning. appreciate it. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> the f.b.i. briefed the house intelligence committee about the boston marathon bombings. intelligence committee member adam schiff joins us to discuss the terror attack in boston. congressman steve king on the boston bombing and efforts to change the
to cut in the defense budget. but with regards to deficits, adding to the deficit and the debt, this current budget being proposed by the president 40 ually -- deficit of $7 billion and still a big number about half of what it was in the depths of the great recession. it gives us an opportunity to control the debt relative to the size of the economy and we have new economic growth numbers out a couple of days ago that showed 3% g.d.p. that is good news. but the economy is in recovery and still...
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coupled with that, you concerned about defense spending downturn. how do we make sure we continue to have the innovation capacity to be ready for whatever needed to come next? out of those conversations can the notion of taking a look at air dominance and asking the question about how we could create this generational debt and experience a capability. we've chosen to take a systems approach and ask the question, this is not what the next aircraft looks like. this is what are all the capabilities label together to comprehensively extend air superiority? we are doing this project in conjunction with the air force and the navy and it's been a high energy effort over the last few years they've got a terrific team of eight darpa program managers across a wide variety of areas -- with air force and navy experts working on the next generation and a number of technology areas. just to give you a sample, this area scan networking communications control of the electromagnetic spectrum. were talking about how men and insistence that work together in the rules
coupled with that, you concerned about defense spending downturn. how do we make sure we continue to have the innovation capacity to be ready for whatever needed to come next? out of those conversations can the notion of taking a look at air dominance and asking the question about how we could create this generational debt and experience a capability. we've chosen to take a systems approach and ask the question, this is not what the next aircraft looks like. this is what are all the...
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Apr 24, 2013
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but even my parents will say everyone deserves a good defense. lance armstrong deserves a good defense. he said he was sorry, that is not enough? >> he will basically say the amount of money they receive in terms of exposurn enough than going after his personal net worth. is it a strong argument? not really. it is an argument. this entire matter will be wrapped up and settled out of court. adam: we both appreciate both of you being here with us and alll3 the best to you on this wednesday afternoon. adam: up next on "money," what happens when you take the bikini contest of the hawaiian tropic brand. why thattcompany is scrapping their most sacred pastime. it'you can never have too much f "money" or bikini contest. thank u orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... bylinging to the past. anwith that: you're history. instead of looking behind... delta is looking beyond. 80 thoand of us investg billions... in everything from the best experiences below... to the finest comforts above. we're no
but even my parents will say everyone deserves a good defense. lance armstrong deserves a good defense. he said he was sorry, that is not enough? >> he will basically say the amount of money they receive in terms of exposurn enough than going after his personal net worth. is it a strong argument? not really. it is an argument. this entire matter will be wrapped up and settled out of court. adam: we both appreciate both of you being here with us and alll3 the best to you on this wednesday...
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and if that, in fact, is the case, you have to get more defensive and buy some cash flow names to give support for your portfolio strategy. it can't all be beta. >> the great unloved sector here is large cap growth. when you have utilities as the second hottest sector through the first part of the year, i don't know, i think energy's been inventive. at some point we have to talk about growth, and when we turn the subject towards growth, you'll see the dividend folks awful going, gee, whiz, why is it that i was bidding up a utility to 16 times earnings. >> let's remember, apple pays a dividend. johnson & johnson pays a dividend. it doesn't have to be a utility stock. it can be in various sectors. i think if you buy just energy and utilities, you've got all kinds of problems because of what's happening with commodity prices. but you buy dividend assets across a variety of sectors. i think that's the kind of growth that -- you can get growth out of those names, even if they're more defensive. >> every time i bring up the dividend that apple pays to people, they say, why are they using $10
and if that, in fact, is the case, you have to get more defensive and buy some cash flow names to give support for your portfolio strategy. it can't all be beta. >> the great unloved sector here is large cap growth. when you have utilities as the second hottest sector through the first part of the year, i don't know, i think energy's been inventive. at some point we have to talk about growth, and when we turn the subject towards growth, you'll see the dividend folks awful going, gee,...
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on defense. has more. ambitious and its current perspective. the organization was created to counter the soviet union with soviet union long gone it has to keep easy over the years nato has gone from being a defense organization to becoming an offensive force with a missions that go far beyond north america and europe they refer to those ambitions as out of area operations which have included of ghana stand in libya now part of nato the very powerful part which includes the u.s. the u.k. and france pretty much see those out of area operations as the future of the organization but that. has to go global doesn't sync well with all twenty eight members of the alliance who know they will have to foot the bill the lack of consensus showed when germany by far europe strongest nation refused to provide resources for nato bombings two years ago back then nato has gone beyond its un mandate which was to protect civilians it has effectively created a power vacuum in which all kinds of extremists have flourished since then not to mention the destruction o
on defense. has more. ambitious and its current perspective. the organization was created to counter the soviet union with soviet union long gone it has to keep easy over the years nato has gone from being a defense organization to becoming an offensive force with a missions that go far beyond north america and europe they refer to those ambitions as out of area operations which have included of ghana stand in libya now part of nato the very powerful part which includes the u.s. the u.k. and...
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much was made of the fact that a lot of the defensive issues, defensive sectors were the leaders in that, in those gains that we saw in the first quarter. do you like defensives at these levels? and those dividend payers, that everybody seems to be so enamored, so that they can find some source of income right now. >> i think that was the point, really, bill, that there were many investors who wanted to increase their exposure to the equity markets, because they, too, are concerned about having too much, if you will, in low-yielding cash, and in fixed income, where when yields go up, the prices go down. so we did see a move into so-called defensive names. that is less exposure to the economy, but also, companies that generate large dividend yields. the thing that we would be looking at is not high-yielding securities, but, rather, those securities, those companies that can increase their dividend. that is, grow the dividend. history shows that it's the higher-yielding securities that basically don't have much else to do with their capital. investors tend to be better off when they combin
much was made of the fact that a lot of the defensive issues, defensive sectors were the leaders in that, in those gains that we saw in the first quarter. do you like defensives at these levels? and those dividend payers, that everybody seems to be so enamored, so that they can find some source of income right now. >> i think that was the point, really, bill, that there were many investors who wanted to increase their exposure to the equity markets, because they, too, are concerned about...
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if this does make it to trial, the defense strategy is clear. all they want to do is avoid the death penalty. with us, rebecca rosewoodland live in the studio. it's my understanding this guy has a pretty good defense team. a high profile attorney about whom we have information. >> we have a lot of information. miriam conrad is the head of what we call the public defenders office. he said in his hospital bed, the one word he said was, no meaning i cannot afford an attorney. under our constitution we provide defendants with attorneys. we're providing him with this woman who is known, a known defense attorney, she defended the shoe bomber. >> shepard: richard reed. >> she defended him. she has herself, a man named mr. fisk, a yale educated, highly prominent defense attorney and they'll call in death penalty experts. >> shepard: you have to figure that -- i don't know what grounds they'll take. i guess try to say the older brother brainwashed him. >> in this situation, when -- we're not sure yet about the death penalty. but they have to start prepar
if this does make it to trial, the defense strategy is clear. all they want to do is avoid the death penalty. with us, rebecca rosewoodland live in the studio. it's my understanding this guy has a pretty good defense team. a high profile attorney about whom we have information. >> we have a lot of information. miriam conrad is the head of what we call the public defenders office. he said in his hospital bed, the one word he said was, no meaning i cannot afford an attorney. under our...
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the telecoms, consumer staples a lot of defensive plays showing signs of rolling over a bit. you are seeing big moves in energy which is showing signs of bottoming out and numbers this morning -- liz: it was yesterday we had mark foster, gloom and doom report, i pushed him a little bit because he is for all intents and purposes miss the equities' rally because he has been so dr. doom about it. my question is it is not as exciting to see these levels, we have not seen a couple records like we have seen every single day but are you staying out of equities? >> you have to be selective in what you buy. the bottom line, price, biggest technical is still positive. it is breaking down, you have to be to some extent so you have to be in the sector you are working with. energy better restored or some of the industrials. liz: we did get some bearish or bullish for prices inventory numbers on both crude and gasoline, crude inventories were built but not as big as expected and you saw drawdown gasoline so look at these jumps. we got crude moving higher by $2.31 in the aftermarket, gasoli
the telecoms, consumer staples a lot of defensive plays showing signs of rolling over a bit. you are seeing big moves in energy which is showing signs of bottoming out and numbers this morning -- liz: it was yesterday we had mark foster, gloom and doom report, i pushed him a little bit because he is for all intents and purposes miss the equities' rally because he has been so dr. doom about it. my question is it is not as exciting to see these levels, we have not seen a couple records like we...
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the moes volatile component, non-defense aircraft as well as defense showed weakness. we will probably get a bit of a pay back from that. i think it overstates the manufacturing slow down. >> at the same time if i'm looking at the numbers correctly you expect growth for q1 and 1.8% for tw twoe. that's a bit of a slow down. >> it definitely is a slow down. we definitely still have strength overall in vehicles and parts. >> is that going to be enough? st that going to be enough? >> take it back to the core of gdp. we still have an increase in overall consumer spending. a lot of that is in services. >> call that actually make a positive dent in gdp? >> you know, i don't necessarily know that apple alone is going to make a tremendous dent in the economy. we have to look at what the overall core is looking like. overall consumer spending. any time we see jumps, of course, in an outlier like apple we always have pay back and so we have to get back to what the underlying momentum is. and we continue to see somewhere around a 2% pace of growth. a lot of the 2.8% growth that we
the moes volatile component, non-defense aircraft as well as defense showed weakness. we will probably get a bit of a pay back from that. i think it overstates the manufacturing slow down. >> at the same time if i'm looking at the numbers correctly you expect growth for q1 and 1.8% for tw twoe. that's a bit of a slow down. >> it definitely is a slow down. we definitely still have strength overall in vehicles and parts. >> is that going to be enough? st that going to be enough?...
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i point out this is mostly state and treasury as opposed to defense and treasury. state for obvious reasons between two countries and what is interesting about it though, is that, if you notice banks have been quiet about this lately. mike brought it up. he might have brought it up from a question posed by an analyst based on some of our reporting yesterday. that is interesting. you can listen to "dow jones newswire" today to get some of this, but if you had watched the fox business network you would have gotten all this yesterday and this is an issue. they don't want to keep bringing it up. apparently in iran, these sort of cord plated attacks. they have been told that the sources of these attacks get bonuses, monetary inducements to create publicity here when it is mentioned. maybe i'm putting some money in someone's pocket over there, but when you mention it, when mike corvat it, there is issue people at the other end are getting induced. that is the whole thing create publicity, what is the endgame it they're not getting in customer accounts and combine with th
i point out this is mostly state and treasury as opposed to defense and treasury. state for obvious reasons between two countries and what is interesting about it though, is that, if you notice banks have been quiet about this lately. mike brought it up. he might have brought it up from a question posed by an analyst based on some of our reporting yesterday. that is interesting. you can listen to "dow jones newswire" today to get some of this, but if you had watched the fox business...
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the defense just rested, wow. up next, we will take a look at that development and the growing debate over president obama's decision to be the keynote speaker at a planned parenthood event thisweek after new reports suggest that that group knew about some of the horrors playing out at that abortion clinic and did nothing to stop it. next. for all kinds of reasons. i go to angie's list to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join today and find out why over 1 million members count on angie's list. angie's list -- reviews you can trust. >> megyn: fox news alert. moments ago the associated press reporting that the defense has rested in the capital murde
the defense just rested, wow. up next, we will take a look at that development and the growing debate over president obama's decision to be the keynote speaker at a planned parenthood event thisweek after new reports suggest that that group knew about some of the horrors playing out at that abortion clinic and did nothing to stop it. next. for all kinds of reasons. i go to angie's list to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members...
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is struggling with a disproportionate responsibility to fund the defense. and here are the we are following the ongoing hunger strike in guantanamo bay prison which is. third month now as the u.s. is sending more medics there as officials say overhaul of all the inmates are refusing for. a pleasure to have you with us here on r.t. today. live in moscow with your global twenty four hour news america's wars in iraq and afghanistan motivated the worst attack on u.s. soil in more than a decade that's what the surviving suspect in the boston marathon bombings has told investigators. also claim that he and his brother acted alone in carrying out the twin blasts more from boston and. as the nineteen year old boston bombing suspect joe hart's her naiads condition improves from serious to fair he's beginning to reveal information to investigators from what we're hearing on the ground according to official search has said that the motive behind the two bombings that took place on monday april fifteenth for the wars you what the u.s. has been fighting in iraq and afgh
is struggling with a disproportionate responsibility to fund the defense. and here are the we are following the ongoing hunger strike in guantanamo bay prison which is. third month now as the u.s. is sending more medics there as officials say overhaul of all the inmates are refusing for. a pleasure to have you with us here on r.t. today. live in moscow with your global twenty four hour news america's wars in iraq and afghanistan motivated the worst attack on u.s. soil in more than a decade...
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in the courtroom today the defense resumes its case. yesterday gosnell's attorney convinced the judge to throw out three of the seven first-degree murder charges against gosnell saying the prosecution had not proved those three babies are born alive after abortions. jon? >> what a horrible story. molly, thank you. jenna: well with other news today, more trouble for disgraced cyclist lance armstrong. why the government says he owes them millions of dollars and what they're doing to get the money. he owes the government. does that mean he owes us, jon? are we part of that too? jon: we paid a lot of money for the stamps that footed that bill. jenna: a once in a lifetime moment as all the living presidents and first ladies are expected to be in one place tomorrow. it is for the official dedication of the george w. bush presidential library. we're there live. next. our landing time got moved back another hour. ( crowd chatters and groans ) hunger creeping up on you ? stash a ritz crackerfuls. made with real cheese and whole grain. don't get
in the courtroom today the defense resumes its case. yesterday gosnell's attorney convinced the judge to throw out three of the seven first-degree murder charges against gosnell saying the prosecution had not proved those three babies are born alive after abortions. jon? >> what a horrible story. molly, thank you. jenna: well with other news today, more trouble for disgraced cyclist lance armstrong. why the government says he owes them millions of dollars and what they're doing to get the...
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what the defense is trying to do, ultimately, try to hang this case. ask the judge for lesser offenses, which would have been manslaughter, things of that nature, based upon provocation. if they get one juror who believes this should be a lesser offense and hang that jury between first and something else. >> that's all it takes. this trial has been going on for so long. do you think most jurors have an open mind? >> i don't believe that for a second. even though they're told, they're instructed, they're supposed to keep an open mind. a lot of the jurors will get back in the jury deliberation room. first thing they'll say, let's just convict her. but there will probably be a couple who will want to hold out. who will want to discuss the evidence and go through it methodically. if you look at some of the questions they were asking, which is a good insight into the jury, in arizona, they let you do that. i think a lot of these people are very in tune with what's going on and fascinated by it. >> you spent a lot of time in the courtroom. these jurors are a
what the defense is trying to do, ultimately, try to hang this case. ask the judge for lesser offenses, which would have been manslaughter, things of that nature, based upon provocation. if they get one juror who believes this should be a lesser offense and hang that jury between first and something else. >> that's all it takes. this trial has been going on for so long. do you think most jurors have an open mind? >> i don't believe that for a second. even though they're told,...
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in the company's defense, tim cook says apple is no longer a fast-growing startup. bit still a robust and mature now tech company. it does reportern earn -- earnings of $10 a share of $43.6 billion. right now the stock is up a little bit of it's been fluctuating quite a bit this morning. coming up in our next hour. itunes turns 10. we'll take a look at how or if it can continue it success. pam cook, ktvu channel 2 news. >>> 7:46. in southern california, a landslide has forced a couple out of their house. halizener joins us live from -- hal eizner joins us live from grand terrace. i snow you poke to the -- i know you spoke to the family. what are they saying? >> reporter: well, they will traumatize. they are in their home, they've been here 15 years and all of a sudden, the land from underneath the house just falls. they hear a pop. they don't realize what's going on. let's go to the video. down comes the hill. it creates a 25-foot fissure. it's a landslide by all accounts. down below a tow truck driver hears the noise, he calls authorities of 911. they come to the d
in the company's defense, tim cook says apple is no longer a fast-growing startup. bit still a robust and mature now tech company. it does reportern earn -- earnings of $10 a share of $43.6 billion. right now the stock is up a little bit of it's been fluctuating quite a bit this morning. coming up in our next hour. itunes turns 10. we'll take a look at how or if it can continue it success. pam cook, ktvu channel 2 news. >>> 7:46. in southern california, a landslide has forced a couple...
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defense secretary robert gates he said that if this trend does continue to be alliance it could be in danger of moving into what he called a collective military irrelevant so there's the question of whether the actually still be relevant given the decrease in its capabilities and there are signals coming from the u.s. that they are not keen on continuing the kind of partnership with this sort of inequality and also looking at the u.s. his own budget cost as well as its shift in priority especially after we've heard that pivot to asia so they have their own concerns so they're questioning the kind of the new line of the kind of partnership that they have especially with european countries moving forward they're also facing some lack of enthusiasm from european members of just germany for instance was very eager to contribute to any military operation so again under the nato secretary general has come out saying that the capability of nato will be impacted and there is a question of critics on the actual relevance of the alliance. there's not much enthusiasm from its members to contribu
defense secretary robert gates he said that if this trend does continue to be alliance it could be in danger of moving into what he called a collective military irrelevant so there's the question of whether the actually still be relevant given the decrease in its capabilities and there are signals coming from the u.s. that they are not keen on continuing the kind of partnership with this sort of inequality and also looking at the u.s. his own budget cost as well as its shift in priority...
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finally good run in defense names. boeing, defense in aerospace. lockheed martin had good numbers. you can see all the stocks trading to the upside. >> thanks very much, bob pisani. when we come back trusting your lawyer. we are trying to bring that baa with an app. he will tell us how. and later the earnings squad tackling everything from boeing to zynga. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis
finally good run in defense names. boeing, defense in aerospace. lockheed martin had good numbers. you can see all the stocks trading to the upside. >> thanks very much, bob pisani. when we come back trusting your lawyer. we are trying to bring that baa with an app. he will tell us how. and later the earnings squad tackling everything from boeing to zynga. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and...
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the defense team is going to look into retaining medical personnel to evaluate him. psychologists to look at his mental state as well as his competency. so all of that could be at issue as the case unfolds. bill: okay. thank you. tamara birkhead out of north carolina today, defended richard reid the shoe-bomber in 2001. appreciate your analysis. >> thank you, bill. martha: some critics have been slamming the president for what he is not saying about the boston bombing suspects. the reluctance in calling out radical islam. bill: also on a much different note, nasa snapping its first image what is being called the comet of the century. the incredible pictures and more importantly, where is this thing headed next? ♪ . i'm over the hill. my body doesn't work the way it used to. past mprime? i'm a victim of a slowing metabolism? i don't think so. new great grains protein blend. protein from natural ingredients like seeds and nuts. it helps support a healthy metabolism. new great grains protein blend. ♪ [ male announcer ] help brazil reduce its overall reliance on fore
the defense team is going to look into retaining medical personnel to evaluate him. psychologists to look at his mental state as well as his competency. so all of that could be at issue as the case unfolds. bill: okay. thank you. tamara birkhead out of north carolina today, defended richard reid the shoe-bomber in 2001. appreciate your analysis. >> thank you, bill. martha: some critics have been slamming the president for what he is not saying about the boston bombing suspects. the...
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ultimately washington left to bear the burden of the defense finances now crisis hit nato states have already chopped more than forty five below. dollars from the treasury that's about the equivalent of germany's entire military budget and the number of european troops in the u.s. led bloc is also plummeted from two point five million in two thousand down to one point eight six million while the u.s. was trimming its own military costs share of the budget is still risen to seventy five percent of the total. of reports from brussels concerns over nato's viability continue to grow. the nato secretary general anders fogh rasmussen had actually come out and warned its partners against the danger of more defense spending cuts as we've already seen especially from its european partners this opinion was also echoed by the former u.s. defense secretary robert gates he said that if this trend does continue that the alliance could be in danger of moving into what he called a collective military irrelevance so there's the question of whether nato will actually still be relevant given the decreas
ultimately washington left to bear the burden of the defense finances now crisis hit nato states have already chopped more than forty five below. dollars from the treasury that's about the equivalent of germany's entire military budget and the number of european troops in the u.s. led bloc is also plummeted from two point five million in two thousand down to one point eight six million while the u.s. was trimming its own military costs share of the budget is still risen to seventy five percent...
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if we stop spending, we would be cutting the defense budget to zero. i wouldll arguing that argue that cutting to zero is a responsible. with regard to adding to the deficit and the debt, this current budget being proposed by the president actually cuts the , still by $740 billion a big number, about half of what it was in the depths of the great recession. year to year deficit is coming down. it gives opportunity to control the debt relative to the size of the economy and we have new economic growth numbers out a couple of days ago that show about a 3% gdp. that is good news. the economy is in recovery. we so have a ways to go and we should never give up on trying to improve the economy and reduce the deficit. host: rick larsen, democrat from washington, thank you, sir. guest: you're welcome. the: coming up next, headline is "big money, big money, talking about the economics of the mississippi river." [no audio] is that the public defenders job is that it is dependent on their approval. how faster the process cases? how quickly do they get to the dock
if we stop spending, we would be cutting the defense budget to zero. i wouldll arguing that argue that cutting to zero is a responsible. with regard to adding to the deficit and the debt, this current budget being proposed by the president actually cuts the , still by $740 billion a big number, about half of what it was in the depths of the great recession. year to year deficit is coming down. it gives opportunity to control the debt relative to the size of the economy and we have new economic...
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Apr 24, 2013
04/13
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MSNBCW
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i was a lawyer and we did some criminal, we did some defense work for doctors. and we'd say, 90% of your problem is a communication problem. from the very beginning, you would sit there and tell your patients what's going on, why it's happening and explain it to them. they would you know, you'd build a better relationship. >> i've heard from several members of congress that cannot understand scientists when they come to present their work to them and look for funding. why would you give money to somebody who's work you don't understand? doesn't make sense. what we do, we don't normally -- improvisation is an innovative way to help them relate to the people they're talking to, so that gets a lot of attention because it's innovative. we also teach writing and what we're trying to do is make it clear and vivid. not dumb it down. not make it oversimplified, but make it so that you, for instance, we started a contest called flame challenge where scientists around the world were invited to explain what a flame was so an 11-year-old could understand it. and thousands o
i was a lawyer and we did some criminal, we did some defense work for doctors. and we'd say, 90% of your problem is a communication problem. from the very beginning, you would sit there and tell your patients what's going on, why it's happening and explain it to them. they would you know, you'd build a better relationship. >> i've heard from several members of congress that cannot understand scientists when they come to present their work to them and look for funding. why would you give...
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Apr 24, 2013
04/13
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CNBC
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there's been too much money put to work in the defensive names. take utilities. another defensive sector. historically, the sector traded at 25% discount to the market. that made sense. it was regulated, it was a slow grower. today u.s. utility company traded an 8% premium. that's a lot to pay for an income stream and for safety. i think there are better places to get that income and maybe take a little bit more risk, but at a better valuation. >> what would you do with apple today since it's in the news? >> you know, i've got no strong view on apple, but generally, i think we like technology companies, it's one of the parts of the market that has underperformed. looks cheap relative to the history. i'd rather be buying tech companies at this point than consumer staple companies. >> you think bonds at some point just the apocalypse finally happened -- >> i don't think the apocalypse happens, no. part of the reason, new supplies being absorbed by the fed, we've got the boj in the game, there's a tremendous amount of liquidity. we think rates will back up by the en
there's been too much money put to work in the defensive names. take utilities. another defensive sector. historically, the sector traded at 25% discount to the market. that made sense. it was regulated, it was a slow grower. today u.s. utility company traded an 8% premium. that's a lot to pay for an income stream and for safety. i think there are better places to get that income and maybe take a little bit more risk, but at a better valuation. >> what would you do with apple today since...
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on defense is now only being achieved by three nato members and. reports now from brussels the rift between alliance members is growing. the nato secretary general anders fogh rasmussen had actually come out and warned its partners against the danger of defense spending cuts as we've already seen especially from its european partners this opinion was also echoed by a u.s. defense secretary leon panetta he said that if this trend does continue to be alliance it could be in danger of moving into what he called a collective military irrelevance so there's the question of whether it will actually still be relevant given the decrease in its capabilities and opinion also . echoed by the former u.s. defense secretary robert gates the problem that nato is facing when it comes to budget is no small matter if we just look back to more than a decade ago if. you had a goal of having sixty thousand troops for instance available for battle in a so-called in so-called core however today we see that these battle groups range from about fifteen hundred to twenty fi
on defense is now only being achieved by three nato members and. reports now from brussels the rift between alliance members is growing. the nato secretary general anders fogh rasmussen had actually come out and warned its partners against the danger of defense spending cuts as we've already seen especially from its european partners this opinion was also echoed by a u.s. defense secretary leon panetta he said that if this trend does continue to be alliance it could be in danger of moving into...
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the sounds that long of a promising european defense spending which leaves washington picking up the majority of the top four nato outs russians a crisis of unity. loss of u.s. officials admits the glory hunger strike of gone tunnel bay now includes overhaul of the detainees that the wars have insisted the figure is. all along. international news life this is our see with me your leisure paula thanks for joining us according to investigators the surviving suspect in the boston marathon bombings says it's america's wars in iraq and afghanistan that led him and his brother to carry out the worst u.s. based attack since nine eleven after questioning nineteen year old john hartson knives police believe the bombers were acting on their own initiative will cling to any foreign terrorist group all season as the citric and i reports now from boston . as the nineteen year old boston bombing suspect joe hart's are naiads condition improves from serious to fair he's beginning to reveal information to investigators from what we're hearing on the ground according to officials certain has said tha
the sounds that long of a promising european defense spending which leaves washington picking up the majority of the top four nato outs russians a crisis of unity. loss of u.s. officials admits the glory hunger strike of gone tunnel bay now includes overhaul of the detainees that the wars have insisted the figure is. all along. international news life this is our see with me your leisure paula thanks for joining us according to investigators the surviving suspect in the boston marathon bombings...
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on defense is not only being achieved by three nato members. as late as from brussels. we're here in front of the nato headquarters where the foreign ministers had just met to discuss a whole range of issues from afghanistan post twenty fourteen to north korea nuclear situation to syria and a lot of other issues the weather before this actual foreign ministers meeting the nato secretary general anders fogh rasmussen had actually come out and he warned its partners against the danger of more defense spending cuts as we've already seen especially from its european partners so this opinion was also echoed by the outgo a u.s. defense secretary leon panetta he said that if this trend does continue that the alliance could be in danger of moving into what he called a collective military irrelevance so there's the question of whether or not it will actually still be relevant given the decrease in its capabilities and opinion also . echoed by the former u.s. defense secretary robert gates the problem that nato is facing when it comes to budget is no small matter if we just look
on defense is not only being achieved by three nato members. as late as from brussels. we're here in front of the nato headquarters where the foreign ministers had just met to discuss a whole range of issues from afghanistan post twenty fourteen to north korea nuclear situation to syria and a lot of other issues the weather before this actual foreign ministers meeting the nato secretary general anders fogh rasmussen had actually come out and he warned its partners against the danger of more...
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Apr 24, 2013
04/13
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FBC
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. >> is apple in defensive mode? are they still in a kind of a offensive mode? >> you're both asking the right questions. i believe they're in offensive mooe. i believe, i am cerin that they're going to try to come out with some, something fantastic. i don't know when. i don't know what and i don't know if it will succeed. if it succeeds we'll look back on this to say, oh, they didransition just fine and investors were worried over nothing. if think fail it will be a lot worse than what we're seeing right now. right now we're seeing a pause before that effort. i prome you that effort will be there, because if it isn't, then they aren't apple anymore. melissa: adam shapiro thanks so much. we'll come back to you for more news on apple as it breaks because i know that call is going on right now. when we're not in your ear, that is what you're listening to. meantime despite apple taking more than 0% dive from its all-time high back in september other stocks r the most part are having a great year. some say if apple keeps slipping it could scare retail investors away
. >> is apple in defensive mode? are they still in a kind of a offensive mode? >> you're both asking the right questions. i believe they're in offensive mooe. i believe, i am cerin that they're going to try to come out with some, something fantastic. i don't know when. i don't know what and i don't know if it will succeed. if it succeeds we'll look back on this to say, oh, they didransition just fine and investors were worried over nothing. if think fail it will be a lot worse than...
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Apr 24, 2013
04/13
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> just because the market had a fabulous day today doesn't mean you can afford to stop playing some defense with high-yielding food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, with a record of buying neglected brands from larger players, private equity firms, and bringing them back to life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with in-line earnings and revenues that came in higher than expected, rising 8.8% year over year. we don't have a lot of companies in the food business that gained like that. meanwhile, the company raise its guidance, earnings before interest, taxes and depreciation and amortization. it jumped from $28 to $30 the next day and continuing to climb, $31.08 and 3.75% yield at these levels. b & g has given you a 186% return since i initially recommended it in october of 2010. the valuation may seem stretched with the stock trading at 19 times earnings. however, every time these food stocks seem too expensive to own, they seem to
> just because the market had a fabulous day today doesn't mean you can afford to stop playing some defense with high-yielding food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, with a record of buying neglected brands from larger players, private equity firms, and bringing them back to life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with...
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Apr 24, 2013
04/13
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our national defense is essential. that benefits working families on a daily basis and benefits our military families and all of us and that's something we have to be very careful with as we approach these different fiscal challenges. i applaud my colleague. mrs. roby: pull out your copy of the constitution and what does it say, our charge as members of congress is to provide for a strong national dens and if we're not taking care of those men and women and uniform who have fought for the very freedoms that allow us to stand in this room today and talk about making life work, if we don't have enough respect for that to do our job in congress and set priorities when it comes to wasteful spending on behalf of them, then we all need to take a long hard look at ourselves in the mirror. mr. gardner: my constituents and yours, too, they don't mind paying taxes. . ey get the sense mr. young: we are spending no more than required. they wouldn't mind paying their fair share of taxes if in fact complying with the tax code were a
our national defense is essential. that benefits working families on a daily basis and benefits our military families and all of us and that's something we have to be very careful with as we approach these different fiscal challenges. i applaud my colleague. mrs. roby: pull out your copy of the constitution and what does it say, our charge as members of congress is to provide for a strong national dens and if we're not taking care of those men and women and uniform who have fought for the very...
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Apr 24, 2013
04/13
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we're working with multiple agencies, including the department of defense, and i think we'll implement those changes in the law in the manner which congress intended. >> thank you. senator shelby. >> mr. cordray, good morning. the financial stability oversight council, of which cfpb is a member, was given broad authority to eliminate market expectations that any american firms too big to fail. do you agree that as a member of fsoc, that you have a responsibility to contribute to these discussions and help identify threats to our financial system? >> that is a responsibility congress has given me by law. >> you believe you have that responsibility. >> i do. >> do you believe that all systemic risks have been contained and too big to fail expectations that large institutions will not be allowed to fail has ended or still assessing threats? >> my perspective on this is sort of limited and more recent. i was not here in washington and not directly involved in the events of the financial crisis. i was the treasurer of ohio at the time, overseeing billion office dollars in public financeses.
we're working with multiple agencies, including the department of defense, and i think we'll implement those changes in the law in the manner which congress intended. >> thank you. senator shelby. >> mr. cordray, good morning. the financial stability oversight council, of which cfpb is a member, was given broad authority to eliminate market expectations that any american firms too big to fail. do you agree that as a member of fsoc, that you have a responsibility to contribute to...
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Apr 23, 2013
04/13
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CSPAN
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as the department of defense rebalances to the pacific, maritime activity increases in the arctic and our nation focuses only the southwest border. offshore demand for coast guard capabilities and authorities is increasing. our 378-high endurance cutters have ably served the offshore environment for 50 years, but as i've testified in the past, they are at the end of their service lives. so i'm very happy to report i received strong support from the secretary and the president of my absolute highest acquisition priorities, including the funding for the seventh national security cutter in the 2014 budget. the f.y. 2014 budget sustains the most critical front line foreign relations while -- with the -- and it has tough decisions to be informed by my highest priorities. these were difficult decisions for me and the service but they were the best ensuring we have the tools required to protect our nation. while realistic and mindful of the current fiscal environment, i remain optimistic about the future of the coast guard. it's my duty to look beyond the annual budget cycle and to prepare a
as the department of defense rebalances to the pacific, maritime activity increases in the arctic and our nation focuses only the southwest border. offshore demand for coast guard capabilities and authorities is increasing. our 378-high endurance cutters have ably served the offshore environment for 50 years, but as i've testified in the past, they are at the end of their service lives. so i'm very happy to report i received strong support from the secretary and the president of my absolute...
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Apr 23, 2013
04/13
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CNBC
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themes we had at the end of last year are what stocks are going to catch up and do better in 2013 and defense names are what we talked about. and look at the report out of lockheed-martin. they beat by almost 30 cents, revenues much better as well. now the stock opened on the high, sifted down the rest of the day. but i think the move is still in tact. and that's going to be a theme later when hash tag and i go head to head. >> hash tag smooth is what he's referring to. >> right now the stock is trading sharply higher. it's 426 in the afterhours. juniper also down. down 6% right now. also on low coe q2 guidance. and revenues came in, in line. and in earnings bright spot, broadcom beat up the top and the bother. it's almost 5%. coming up next, a fake tweet results in a selloff. what you can do to protect yourself against swings. much more fast, straight ahead. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my loca
themes we had at the end of last year are what stocks are going to catch up and do better in 2013 and defense names are what we talked about. and look at the report out of lockheed-martin. they beat by almost 30 cents, revenues much better as well. now the stock opened on the high, sifted down the rest of the day. but i think the move is still in tact. and that's going to be a theme later when hash tag and i go head to head. >> hash tag smooth is what he's referring to. >> right now...
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indefinite detention dr stephen a retired army medical corps officer and a former senior advisor to the defense department says it might not be long before the strike turns lethal. typically people get very sick after about fifty days in which they've not had any food but are taking water so they may be getting very sick and i think there's a fear that a number may die within the next several weeks but all the world medical associations are categorically and ethically against force feeding the reason being is that it in fact disrupts what is most important which is establishing a constructive relationship or poor with the hunger strikers and being able to discuss the terms of their protest the this is a they if they have it also. really overrides their autonomy which is very important in medicine we except that is one of our ethical principles so that by and large most organizations across the world feel that it is not acceptable and in this particular case what it does not help resolve their grievances and help resolve the conflict that we're having between the detainees and the authorities al
indefinite detention dr stephen a retired army medical corps officer and a former senior advisor to the defense department says it might not be long before the strike turns lethal. typically people get very sick after about fifty days in which they've not had any food but are taking water so they may be getting very sick and i think there's a fear that a number may die within the next several weeks but all the world medical associations are categorically and ethically against force feeding the...
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Apr 23, 2013
04/13
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CNBC
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down, they come in, qe2, qe3, the economic indicators were starting to bowl over and they're playing defense to prevent against a double-dip recession. >> and the economic numbers are not that great right now, so how do you justify investing in the market knowing, you say market goes up in a slow economy, but what if they're exceeding earnings growth expectations? >> also, when earnings are slower, the market does better. when they grow really fast on an overall basis, that's another time when the market discounts and turns down. so we're in a sweet spot right now for the market. >> one more question to matt cheslock before we let you go. what you expect this last hour here, especially since we have three big earnings reports coming out after the bell tonight. >> is there more than one? i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectati
down, they come in, qe2, qe3, the economic indicators were starting to bowl over and they're playing defense to prevent against a double-dip recession. >> and the economic numbers are not that great right now, so how do you justify investing in the market knowing, you say market goes up in a slow economy, but what if they're exceeding earnings growth expectations? >> also, when earnings are slower, the market does better. when they grow really fast on an overall basis, that's...
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Apr 23, 2013
04/13
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FBC
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look at this way, corzine's defense he put on a trade on italian spanish bonds. we point out that the trade turned out to be very profitable. people got worried about the trade in the market and they pulled out their money from, they pulled out their lines of credit. every brokerage firm needs lines of credit to survive, from mf global. the ensuing madness where mf global, maybe didn't have enough staff on board, caused them, it caused money, customer money to be somehow comingled with the firm money. it is hard to prove, that a, that trade was done with malice. which it wasn't. it turned out to be right ultimately. b, that he really was directing people to misuse customer money. it is, when you break it down, i'm telling you, i'm no fan of jon corzine politically. he is a very nice man personally, this is a hard case to bring. now i'm not saying they are not going to bring it. for all i know they have charges tomorrow. i haven't seen them and i haven't heard of it, but i will tell you he will litigate this back and he could win. this is hard, when you start brea
look at this way, corzine's defense he put on a trade on italian spanish bonds. we point out that the trade turned out to be very profitable. people got worried about the trade in the market and they pulled out their money from, they pulled out their lines of credit. every brokerage firm needs lines of credit to survive, from mf global. the ensuing madness where mf global, maybe didn't have enough staff on board, caused them, it caused money, customer money to be somehow comingled with the firm...
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Apr 23, 2013
04/13
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you've got to be in defensive stocks, not commodities or in the deep cyclicals this my view. >> anthony, we mentioned the great view on the hedge fund community, how the big money is thinking about the market. how do you feel? >> it's a liquidity driven bull market. >> but the events of last week don't change your outlook for the investing environment for the near term? >> they don't. the half full market climbing a wall of worry will continue to go on. the biggest issue the market will face is that loan growth in the united states and europe is not where you would like it to be at this point in a recovery. without loan growth in small businesses, medium businesses, scott, you're not going to see the robust recovery people would like to see. that will probably be a head wind for the markets later in the year. right now this is a liquidity-driven bull market. it's tilt up for now. >> i go back to the upper's comment. short the s&p at your own peril. murphy, something tells me you have been a buyer of stocks this morning. >> i have been a buyer. look at the news out there, scott. we are j
you've got to be in defensive stocks, not commodities or in the deep cyclicals this my view. >> anthony, we mentioned the great view on the hedge fund community, how the big money is thinking about the market. how do you feel? >> it's a liquidity driven bull market. >> but the events of last week don't change your outlook for the investing environment for the near term? >> they don't. the half full market climbing a wall of worry will continue to go on. the biggest issue...